Looking to diversify beyond NBSM? The ETFs below have the lowest correlation with NBSM — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from NBSM.
Best Diversifiers for NBSM
209 ETFs have low correlation with NBSM (below 0.3), 32 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.22, down from -0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.22 | -0.06 | -0.06 | 71 | Oil & Gas | NBSM vs DBE | |
| United States Brent Oil Fund LP | -0.20 | — | — | 65 | Oil & Gas | NBSM vs BNO | |
| Invesco DB Oil Fund | -0.19 | — | — | 65 | Oil & Gas | NBSM vs DBO | |
| iShares Commodities Select Strategy ETF | -0.16 | — | — | 71 | Commodities | NBSM vs COMT | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.15 | — | — | 98 | Inflation-Protected Bonds | NBSM vs IBIC |
See all 1149 diversifiers for NBSM
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements NBSM
Add NBSM to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with NBSM